January 8, 2018 Trade Alert -  Honey Badger Portfolio

We would like to get longer and increase theta:

BTO 1 YY 23Feb18 125 call (YY180223C125)

STC 1 YY 16Feb18 105 call (YY180216C105) for a credit of $15.50  (buying a diagonal)

BTC 1 YY 12Jan18 122 call (YY180112C122)

STO 1 YY 12Jan18 130 call (YY180112C130) for a debit of $5.55  (buying a vertical)

BTC 1 YY 12Jan18 123 call (YY180112C123)

STO 1 YY 12Jan18 131 call (YY180112C131) for a debit of $5.15  (buying a vertical)

BTC 1 YY 12Jan18 124 call (YY180112C124)

STO 1 YY 12Jan18 132 call (YY180112C132) for a debit of $3.80  (buying a vertical) 

Be prepared to change these price limits by $.05 or more in order to get an execution.

Happy trading.

 

Terry